Vanguard Group Will Launch ‘Smart Beta’ ETFs Next Year

ETFs will be actively managed and are slated for early 2018

Vanguard Group, best known for pioneering index investing, said Tuesday that it intends to debut six quant stock exchange-traded funds in the new year. The announcement, foreshadowed by similar launches in Europe, marks a pivot for the fund giant that tends to take a conservative approach to launching new products. It also highlights the ascendance […]